HomeMy WebLinkAbout01 24 2022 EDA Minutes
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com
4646 Dakota Street SE
Prior Lake, MN 55372
Economic Development Authority Meeting Minutes Monday, January 24, 2022 1. CALL TO ORDER Vice-President Boucher-Hoese called the meeting to order at 4:04 p.m. In attendance were Boucher-Hoese, Braid, Briggs, and Prchal. Also present were Executive Director Jason Wedel, staff Liaison Casey McCabe, Community Development Services Assistant Sandra Peppin, Bill Beard and John Gumbrill with Prior Lake B Squared Ventures, and Jeff Wrede and Nick Jackson with Momentum Design Group. 2. ELECTION OF OFFICERS EDA Members nominated Kim Prchal as President of the EDA and Marie Boucher-Hoese to remain Vice President of the EDA. MOTION BY BRIGGS, SECONDED BY BOUCHER-HOESE TO APPOINT PRCHAL AS PRESIDENT AND BOU-CHER-HOESE TO REMAIN AS VICE PRESIDENT, ERICKSON TO REMAIN AS TREASURER, WEDEL TO REAMIN AS SECRETARY; AND MCCABE TO REMAIN AS ASSISTANT TREASURER. Ayes by Boucher-Hoese, Braid, Briggs, Prchal. The motion carried 4-0. 3. APPROVAL OF AGENDA MOTION BY BRIGGS, SECONDED BY BOUCHER-HOESE TO APPROVE THE AGENDA. Ayes by Boucher-Hoese, Braid, Briggs, Prchal. The motion carried 4-0. 4. APPROVAL OF MEETING MINUTES MOTION BY BRIGGS, SECONDED BY BRAID TO APPROVE THE DECEMBER 21, 2021 MEETING MINUTES. Ayes by Boucher-Hoese, Braid, Briggs, Prchal. The motion carried 4-0. 5. CONSENT AGENDA A. Year-End Development Update (12/31/2021) MCCABE provided an overview of the residential and commercial development activity for year-end 2021, not-ing the city had one of its largest development years since 2006 based on building permit valuation. EDA MEMBERS commented on how Prior Lake is a great place to live, work, and play. B. EDA Revenue & Expenditure Report (12/31/2021) MCCABE reviewed the 2021 year-end EDA revenues and expenditures. C. Arts and Culture Committee Appointment MCCABE informed the EDA the purpose of item 5C on the Consent Agenda was to re-appointment EDA Commissioner Boucher-Hoese to the Arts and Culture Committee. MOTION BY BRIGGS, SECONDED BY BRAID TO APPROVE THE CONSENT AGENDA. Ayes by Boucher-Hoese, Braid, Briggs, Prchal. The motion carried 4-0. 6. REMOVED CONSENT AGENDA ITEMS None 7. PRESENTATIONS A. Dakota Street Redevelopment Concept (Prior Lake B Squared Ventures, LLC) Agenda item was moved to the beginning of meeting to allow for the presentation of a 4662, 4664 and 4666 Dakota Street redevelopment concept by Prior Lake B Squared Ventures and Momentum Design Group.
BILL BEARD, Development Principal with Prior Lake B Squared Ventures explained the layout of the plan, why they see this location as desirable and introduced Mr. Jeff Wrede, Partner; and Nick Jackson, Senior Designer with Momentum Design Group. JEFF WREDE gave an overview of the site, proximity to the lake, adjacent trails, and downtown area. He stated some challenges of the site, including slopes from front to back. He commented on the parking, elevators, restau-rant, stormwater needs, and shadow study. EDA MEMBERS asked about Gateway Park impacts, trails, and suggested ideas for design. They stated their in-terest to share this information with community residents and businesses. They asked when this project would get introduced to the Council and anticipation of timelines for necessary city reviews and approvals prior to building construction. Mr. Bill Beard answered questions, gave some brief timelines, and suggested a future workshop with Council. 8. OLD BUSINESS 9. NEW BUSINESS A. Economic Development Authority Vacancy MCCABE stated following the resignation of Dave Chromy at the end of 2021, staff placed a notification of the vacant EDA position on the city website and in the Prior Lake American. To date, five applications have been received. The next step is for the EDA to establish a screening committee to review applications and interview candidates. MCCABE explained the eligibility to serve on the EDA and suggested that the EDA will need to determine which City Council Liaison and which non-Council member of the EDA will be on the screening committee. MOTION BY BRIGGS, SECONDED BY BOUCHER-HOESE TO APPOINT PRCHAL AND BRAID TO THE SCREENING COMMITTEE. Ayes by Boucher-Hoese, Braid, Briggs, Prchal. Absent were Chromy. The motion carried 4-0. B. OTHER BUSINESS A. Staff Updates i. 16298 Main Avenue Lease Agreement MCCABE updated the EDA on the status of the lease agreement for the 16298 Main Avenue property stating a lease agreement has been drafted and provided to the tenant and he an-ticipated it would be signed shortly. B. Commissioner Comments i. Arts and Culture Committee BOUCHER-HOESE provided an update of recent Arts and Culture Committee Activities. PRCHAL provided the EDA with a summary of an email she received from a local business owner who wishes to provide a donation to the EDA to enhance commercial opportunities. WEDEL will discuss a potential donation to the EDA with the Finance Director and update the commissioners. ADJOURNMENT MOTION BY BRIGGS, SECONDED BY BRAID TO ADJOURN THE MEETING. Ayes by Boucher-Hoese, Braid, Briggs, Prchal. The motion carried 4-0. The meeting adjourned at 5:30 p.m. Submitted by Sandra Peppin